secwatch.observer — SEC 8-K summary
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Issuer:     Extra Space Storage Inc. (EXR)
CIK:        0001289490
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001193125-25-051942
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Extra Space Storage prices $500M of 5.400% senior notes due 2035
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- $500M aggregate principal, 5.400% coupon, priced at 99.830% of par.
- Notes mature June 15, 2035; closing expected March 19, 2025.
- Net proceeds to repay lines of credit and commercial paper, plus general corporate use.
- Notes fully guaranteed by Extra Space and certain subsidiaries.
- Joint book-runners: BofA, TD, Truist, BMO, J.P. Morgan, PNC, Wells Fargo, US Bancorp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289490/000119312525051942/0001193125-25-051942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289490/000119312525051942/d934342d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-051942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer